Looks Veto Proof To Me


94-3? That looks like a veto proof minimum wage raise if I ever saw one. About time!

Wonder what Bush'll do? Sign it like the chump he is or be a man and veto it, standing up for Cheney's his principles?

Don't get me wrong, I think it is a great idea to increase the minimum wage. I'm just curious what Bush will do.


Sean Paul Kelley February 1, 2007 - 5:43pm
( categories: Economics )

WASHINGTON (AP) -- The Senate voted overwhelmingly Thursday to boost the federal minimum wage by $2.10 to $7.25 an hour over two years, but packaged the increase with controversial tax cuts for small businesses and higher taxes for many $1 million-plus executives.

President Bush urged the House to support the measure, including the tax help for small business. He said, "The Senate has taken a step toward helping maintain a strong and dynamic labor market and promoting continued economic growth."

The bill must now be reconciled with the House version passed Jan. 10 that contained no tax provisions. House Democrats have insisted they want a minimum wage bill with no strings attached, though some have conceded the difficulty of passing the legislation in the Senate without tax breaks.

Republicans stressed the importance of the business tax breaks in the bill, though it was a significantly smaller tax package than Republicans had sought during previous attempts to raise the minimum wage.

"The Senate's reasonable approach recognizes that small businesses have been the steady engine of our growing economy and that they have been a source of new job creation, a source of job training," said Sen. Michael Enzi, R-Wyo., who helped manage the debate for the GOP.

The bill presents a challenge to Democrats who must navigate between the demands of labor and other interest groups and the realities of the Senate, where Republicans hold 49 of 100 votes. House and Senate Democrats will try to negotiate a way out of the potential standoff.
http://biz.yahoo.com/ap/070201/minimum_wage.html?.v=11

http://mauberly.blogspot.com/

mauberly February 1, 2007 - 6:30pm

read my lips... No New Tax Breaks

I want my 'pay as you go' Federal Government back......

-5.75,-4.05 "I am in earnest; I will not equivocate; I will not excuse; I will not retreat a single inch; and I will be heard."
William Lloyd Garrison
US abolitionist & editor (1805 - 1879)

justadood February 1, 2007 - 7:50pm

Yesterday Leah and I bought groceries for the week. Nothing extravagant. $140. Family of two. At $5.50/hr. a worker earns $220 less social security taxes and a few bucks for the IRS. Leaves around $200.

$60 to buy gas, make a car payment and rent?

No eating out, nothing else.

No damn way.

Let those fuckers try it for a month.

Jesus wasn't a Christian.

Don February 1, 2007 - 8:22pm

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.